Weekend Reads - Aug 31, 2024

Market and Model Risk; Benevolent Billionaire or Despot — Or Both?; Portable Alpha: Still A Great Solution For Improving Return Outcomes; Private Credit’s Next Act; and more...

• Market and Model Risk: Sequentially Interweaved Risk Dimensions (Enterprising Investor)

• The Superintelligence of AI Investor Daniel Gross (The Information)

• Benevolent Billionaire or Despot — Or Both? (Napkin Math)

• Portable Alpha: Still A Great Solution For Improving Return Outcomes (AQR)

• Private Credit’s Next Act (Oliver Wyman)

• Deep Value (GMO)

• Thinning the Herd: ~50% of Unicorns Should No Longer Be Unicorns (Industry Ventures)

• The Quant Renaissance: How Alternative Approaches Are Driving the Rebirth of Systematic Investing (Man Institute)

• The Enduring Appeal: How Top Companies Command High Valuations (Adams Street)

• How To Use Alternative Investments With Phil Huber (📺 Peter Lazaroff)

• The Corporate Lifecycle + The Market’s Fallen Heroes — ft. Aswath Damodaran (📺 The Prof G Show)

• Mo' Momentum Markets (UBS)

• Worth the Weight (S&P)

• Limits to Growth (Market Sentiment)

• Why Home Prices Could Fall with Mortgage Rates (Party at the Moontower)

• Long & Short Mean Reversion Machine Learning (Quant Trading Rules)

• Intrinsic Value: A Solution to the Declining Performance of Value Strategies by Bergen et al. (SSRN)

• Machine Learning and the Yield Curve: Tree-Based Macroeconomic Regime Switching by Bie et al. (SSRN)